AmataNews · 2022-02-14 06:01

Amata Corporation announced a $1 billion investment for a new smart and eco industrial city in Luang Namtha, Lao PDR.

Amata Corporation has broken ground on its new 410-hectare Amata Smart And Eco City Natuey in Luang Namtha province, Lao PDR, backed by a $1 billion investment.

This development aims to attract international investors and foster sustainable economic growth in Lao PDR, leveraging Amata's experience in Thailand and Vietnam.

Fast Facts

·Investment: 1,000 million USD
·Location: Luang Namtha province, Lao PDR
·Project name: Amata Smart And Eco City Natuey
·Initial phase land area: 410 hectares (2,562.5 rai)
·Potential expansion: Up to 200 square kilometers (20,000 hectares)
·Developer: Amata City Lao Sole Company Limited (subsidiary of Amata)
·Groundbreaking date: January 11, 2022
·Target industries: Logistics, warehousing, machinery, rubber/plastic, F&B, chemicals, pharmaceuticals

Other

ESG & Finance

Power Generation

People Mentioned

Mr. Khamlai Syphasert

Governor at Luang Namtha Province

Mrs. Khamchan Vongseanbound

Deputy Minister at Ministry of Planning and Investment

Mr. Vikrom Kromadit

Chairman and Acting Chief Executive Officer at Amata Corporation Public Company Limited

Source

Amata Corporation announced a $1 billion investment for a new smart and eco industrial city in Luang Namtha, Lao PDR.